# "Professor Aswath Damodaran's recent valuation analysis on Aramco is cited "

1 Faculty News December 6, 2019 ![MarketWatch logo](/sites/default/files/styles/246w/public/assets/images/marketwatch%20logo.jpg?itok=pHUVfozf)>

Excerpt from [MarketWatch](https://www.marketwatch.com/story/the-most-important-thing-to-know-about-the-saudi-aramco-ipo-2019-12-06) -- "[Aswath Damodaran](https://www.stern.nyu.edu/faculty/bio/aswath-damodaran), a New York University professor, calculated Aramco at a valuation of $1.7 trillion might be a pretty good investment for Saudi nationals, but just for the dividends as the stock price won’t have much room to appreciate."

[Read More](https://www.marketwatch.com/story/the-most-important-thing-to-know-about-the-saudi-aramco-ipo-2019-12-06)